Pa. Angel Network Launches Web-Site

The Pittsburgh Business Times reports:

"A statewide network of private investors has launched a new Web site to increase investment opportunities for both entrepreneurs and high net worth individual investors. The Pennsylvania Angel Network, previously a loose organization of private investors that has become more formalized in the past year, began to publicize its Web site earlier this month.

The site is aimed at current and potential PAN members, as well as business owners searching for funding, according to its director Jan Rumberger.

The network hopes the Web site, which can be found at www.paangelnetwork.com will help link new businesses with angels -- investors who put money into companies after they've formed, but before they are big enough to receive formal venture capital funding."